BREAKING: SpaceX has paid Grimes County $10 million ahead of schedule under its Terafab tax agreement, a major step forward for the proposed project.
• It equals nearly 40% of the county’s expected $26.5 million in property-tax revenue for all of 2026
• County leaders may use the money for infrastructure, employee pay and retention
• SpaceX/Terafab representatives are scheduled for a Q&A at the August 5 Commissioners Court meeting
• The broader Terafab project could eventually involve up to $119 billion in investment, as per KBTX.
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